All Forum Posts by: Matt DuSold

Filled up today for $3.44 in Columbia Mo. Don't know why you would ever be here unless you went to school here though...

I didn't know that you didn't have to attend closing. Thats nice I thought you had to attend in order to get your money. Awesome!

I'm anxious to see what this is like. I tried that same link but I think it is only for PC. I have a Mac and you can only "get information on the development for mac" or something like that...

I used his business plan as an outline while making mine as well.

I agree with Fred. This is like a pot of gold you found in Biggerpockets. I have yet to invest in anything yet, I am only a senior in college and need to do things before grad school next year. But after reading BP for about 2 or 3 hours a day for the past year, and reading the books that you will notice are mentioned a lot in other posts, I feel like I would be fine to start anything now.

You have so many very very experienced people on this website they will know the answers to just about every question you have. (Try and stump everyone on this site I bet you can't) I have asked many questions some very stupid some that were good questions no one will judge you and you will always get an answer, many times from many different people with very different experiences. A lot of times you may not like the answer but it will be honest and I would much rather have an answer that is honest that I don't like than to have a sugarcoated answer and lose money. Read this site, read books that people talk about and you will have a huge desire to just want to jump in like I do.

If the the person who is selling the property you could see if a Sub-to is possible. If you are not sure what a sub-to is you should use the search on the site and search "sub-to". You will find far more information in a short time than I can type. If they are willing to do a sub-to deal you would be able to avoid banks.

I am not as experienced as many others on the site but this sounds like it would be great for you (unless I'm missing something).

So I have been trying to figure out my business plan as I am studying REI. I am told this is an essential part of starting so you know what you need to do year by year and what not. My main question is how often are you able to close a sub-to deal? I know a lot is heavily involved in how much you market and have the possibilities brought upon you, but would I be able to get a ball park answer from anyone?

I will be going into a 3 year graduate program next year and in my ideal world (ultimate goal) I would like to have about 30-40 properties before I am finished in those 3 years. I do have money saved up but I would like to keep that money for myself and not have to worry about putting any money down for deal (especially while I am in school). My goal is to have the 30-40 properties and then also wholesale to have other income. I would also like to take some of my money I were to get from wholesaling to pay off the homes and have a HUGE stream of passive income while I am at a very young age. But, this all goes back to how many properties I would be able to acquire via sub-to. Thanks for any help!

Wow there are some great ideas in this thread about marketing, and finding properties. Anybody else have something out of the ordinary that could help some newbies?

I think that is a thing where you just over think it. It is an incredibly simple concept. Thanks Wheatie.

I am a little (a lot) confused. Could someone please explain this? Thanks!